AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Limits for Claiming a Part Age Pension
Owning a home in Australia doesn't impact on whether you can claim the age pension or not, because it doesn't count towards your asset pool for eligibility. But the amount of asset pool that you can have, depending on whether you have a home or not, is different and also different for singles and couples. Now, one of the things that's really interesting about the age pension that I need to really call out the government on is that it really does favor couples. If you're single, it really does disproportionately affect you, because when you think about it, your housing costs, your general utilities, there are some costs that you would still need to have as a single person or as